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The deal caps a two-week frenzy for the troubled chip maker and marks the latest in a series of extraordinary private-sector ...
Intel has agreed to the U.S. government taking a stake in it, President Donald Trump and the company announced Friday, ...
Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip-Bu Tan.
The semiconductor maker has struggled to keep up in the artificial intelligence boom with rivals such as Nvidia and AMD.
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...
The president's highly unusual announcement underscores the Trump administration's desire to take control over U.S.